Mobileye forecasts annual revenue below estimates

Core Viewpoint - Mobileye Global has forecasted annual revenue that falls below Wall Street expectations, indicating that a slowdown in electric vehicle production is negatively impacting demand for its driver assistance technology [1] Group 1: Company Performance - Mobileye Global's revenue forecast suggests challenges in meeting market expectations, primarily due to reduced demand linked to slower electric vehicle production [1] Group 2: Industry Impact - The slowdown in electric vehicle production is identified as a significant factor affecting the demand for driver assistance technologies, which could have broader implications for the autonomous driving sector [1]